New Jersey State Firemens Assoc-East Hanover Township

EIN: 237081587

East Hanover, NJ

Total Revenue
$111,884
Total Expenses
$102,205
Total Assets
$707,082
Net Assets
$707,082
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
NJ
Principal Officer
Joseph B Patanella
Phone
9735985878
Tax Period
2025-01-01 to 2025-12-31

New Jersey State Firemens Assoc-East Hanover Township, founded in 1950, is a small nonprofit that reported $112K in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $102K left a modest 9% surplus.

Mission

Assist firefighters and their families in times of need

Program Service Accomplishments

Program 1
Expenses: $70,234 Revenue: $0

Assessments retained by State Association are used to pay burial benefits, operate Firemens Home in Booton, NJ, and provide special financial and health care assistance to firefighters and their...

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Assessments retained by State Association are used to pay burial benefits, operate Firemens Home in Booton, NJ, and provide special financial and health care assistance to firefighters and their families.

Program 2
Expenses: $4,250 Revenue: $0

Payment of direct financial assistance to firefighters or their widows in time of financial need.

Program 3
Expenses: $11,234 Revenue: $0

Reimbursement of expenses to Delegates and Life Members who attended the annual convention of the NJSFA in Wildwood, NJ.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $92,998
Investment Income $18,886
Other Revenue $0
TOTAL REVENUE $111,884

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,133
Fundraising Expenses $0
Program Expenses $85,718
Other Expenses $81,822
TOTAL EXPENSES $102,205

Year-over-Year Comparison

2025 2024 Change
Revenue $111,884 $102,369 +0.1%
Expenses $102,205 $92,689 +0.1%
Net Income $9,679 $9,680 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$15,253
Total Directors
10
$880
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steven Raibick President 3.00
Officer
$0 $3,753 $3,753
Steven Guarino Vice President 0.50
Officer
$0 $120 $120
Giuseppe Peluso Secretary 4.50
Officer
$0 $5,630 $5,630
Joseph Pantanella Treasurer 4.50
Officer
$0 $5,750 $5,750
Paul Larena Representative 1.00
Director
$0 $0 $0
Eric Rivera Representative 1.00
Director
$0 $80 $80
Stephen Hanily Representative 1.00
Director
$0 $120 $120
Ronald Morgan Representative 1.00
Director
$0 $120 $120
Eugene Ruta Representative 1.00
Director
$0 $120 $120
Mark Dwywe Trustee 1.00
Director
$0 $80 $80
Bohdon Woch Trustee 1.00
Director
$0 $100 $100
James Cavezza Trustee 1.00
Director
$0 $60 $60
Anthony Tavaglione Trustee 1.00
Director
$0 $100 $100
Kenneth Hadley Trustee 1.00
Director
$0 $100 $100
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $111,884 $102,205 $707,082 $9,679
2024 $102,489 $92,689 $699,505 $9,800
2023 $84,629 $50,062 $689,705 $34,567
2022 $123,383 $74,560 $655,138 $48,823
2021 $54,801 $42,980 $606,315 $11,821
2020 $57,206 $33,180 $594,494 $24,026
2019 $58,659 $44,529 $570,468 $14,130
2018 $47,019 $39,608 $556,338 $7,411
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